Analysis of trade-off between investment cost and sustainability for renewable energy integration in a neighborhood

By 2023. the Dutch government plans to make 16% of all energy used in the Netherlands sustainable. [21] – The objective of this paper is to investigate the trade-off between price and energy production by simulating different battery sizes on different photovoltaic (PV) sizes and compare the cost of system with the savings. This paper finds that the effect of using larger size batteries with the current market prices is insignificant on savings and energy consumed from PV in the case of distributed battery storage.